United Kingdom: Market for Machinery For Sorting, Mixing, Agglomerating, Shaping Or Moulding of Mined Solids 2024

Market Size for Machinery For Sorting, Mixing, Agglomerating, Shaping Or Moulding of Mined Solids in the UK

The UK market for machinery for sorting, mixing, agglomerating, shaping or moulding of mined solids expanded rapidly to $X in 2022, with an increase of 14% against the previous year. Overall, consumption continues to indicate a prominent increase. Over the period under review, the market reached the peak level at $X in 2020; however, from 2021 to 2022, consumption failed to regain momentum.

Production of Machinery For Sorting, Mixing, Agglomerating, Shaping Or Moulding of Mined Solids in the UK

In value terms, production of machinery for sorting, mixing, agglomerating, shaping or moulding of mined solids contracted modestly to $X in 2022 estimated in export price. Over the period under review, production, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the production volume increased by 92% against the previous year. Production of peaked at $X in 2014; however, from 2015 to 2022, production stood at a somewhat lower figure.

Exports of Machinery For Sorting, Mixing, Agglomerating, Shaping Or Moulding of Mined Solids

Exports from the UK

Exports of machinery for sorting, mixing, agglomerating, shaping or moulding of mined solids from the UK reduced to X units in 2022, dropping by -11.7% compared with 2021 figures. Overall, exports showed a pronounced contraction. The pace of growth was the most pronounced in 2019 with an increase of 22% against the previous year. As a result, the exports reached the peak of X units. From 2020 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of machinery for sorting, mixing, agglomerating, shaping or moulding of mined solids reached $X in 2022. In general, exports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when exports increased by 30%. The exports peaked in 2022 and are likely to see steady growth in the immediate term.

Exports by Country

The United States (X units) was the main destination for exports of machinery for sorting, mixing, agglomerating, shaping or moulding of mined solids from the UK, with a 27% share of total exports. Moreover, exports of machinery for sorting, mixing, agglomerating, shaping or moulding of mined solids to the United States exceeded the volume sent to the second major destination, Australia (X units), threefold. Ireland (X units) ranked third in terms of total exports with a 7.4% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to the United States totaled +4.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Australia (-0.5% per year) and Ireland (-0.6% per year).

In value terms, the United States ($X) remains the key foreign market for machinery for sorting, mixing, agglomerating, shaping or moulding of mined solids exports from the UK, comprising 33% of total exports. The second position in the ranking was held by Australia ($X), with an 11% share of total exports. It was followed by Canada, with a 3.3% share.

From 2012 to 2022, the average annual growth rate of value to the United States stood at +7.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Australia (-1.2% per year) and Canada (+0.2% per year).

Export Prices by Country

The average export price for machinery for sorting, mixing, agglomerating, shaping or moulding of mined solids stood at $X per unit in 2022, jumping by 22% against the previous year. Overall, export price indicated a pronounced increase from 2012 to 2022: its price increased at an average annual rate of +3.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for machinery for sorting, mixing, agglomerating, shaping or moulding of mined solids increased by +65.1% against 2019 indices. The pace of growth appeared the most rapid in 2021 an increase of 26%. Over the period under review, the average export prices reached the maximum in 2022 and is likely to see steady growth in the near future.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Russia ($X per unit), while the average price for exports to Ghana ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Ireland (+11.4%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Machinery For Sorting, Mixing, Agglomerating, Shaping Or Moulding of Mined Solids

Imports into the UK

In 2022, imports of machinery for sorting, mixing, agglomerating, shaping or moulding of mined solids into the UK contracted slightly to X units, waning by -1.6% compared with 2021. In general, imports, however, saw a strong increase. The most prominent rate of growth was recorded in 2021 with an increase of 95% against the previous year. As a result, imports attained the peak of X units, and then contracted modestly in the following year.

In value terms, imports of machinery for sorting, mixing, agglomerating, shaping or moulding of mined solids surged to $X in 2022. Over the period under review, imports, however, recorded a strong expansion. The pace of growth appeared the most rapid in 2021 with an increase of 59%. Imports peaked in 2022 and are likely to continue growth in the immediate term.

Imports by Country

China (X units), Germany (X units) and Italy (X units) were the main suppliers of imports of machinery for sorting, mixing, agglomerating, shaping or moulding of mined solids to the UK, with a combined 59% share of total imports. Canada, Turkey, France, the United States, the Netherlands, India, Austria, Finland and Spain lagged somewhat behind, together comprising a further 31%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the Netherlands (with a CAGR of +40.0%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), China ($X) and Italy ($X) constituted the largest machinery for sorting, mixing, agglomerating, shaping or moulding of mined solids suppliers to the UK, with a combined 43% share of total imports. The Netherlands, France, the United States, India, Austria, Canada, Finland, Spain and Turkey lagged somewhat behind, together accounting for a further 34%.

In terms of the main suppliers, Austria, with a CAGR of +28.8%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average import price for machinery for sorting, mixing, agglomerating, shaping or moulding of mined solids amounted to $X per unit, rising by 54% against the previous year. Overall, the import price, however, showed a mild slump. Over the period under review, average import prices reached the maximum at $X per unit in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($X per unit), while the price for Turkey ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Austria (+13.7%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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